PANews reported on December 6 that according to Forbes reporter Eleanor Terrett, the U.S. Securities and Exchange Commission (SEC) has notified at least two applicants for the SOL spot ETF that their submitted 19b4 documents will be rejected. Sources revealed that the SEC may not approve any new cryptocurrency ETF applications during the current administration.
Source: SEC rejects two SOL spot ETF applications and will not approve any new crypto ETF applications
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